TLDR · BIG TECH & STARTUPS
TESLA IS OBSESSED WITH MUSK'S PAY PACKAGE. MUSK IS OBSESSED WITH AI
Summary from the TLDR newsletter
Elon Musk spent most of his time at xAI after he left DOGE in May, even holding meetings for Tesla employees at xAI's offices. Musk has balanced his responsibilities between several fast-growing companies for years, but the potential of AI has led him to spend much more of his time at xAI. Tesla will soon announce preliminary results on a giant pay package designed to ensure that Musk focuses on Tesla for years to come. The package would increase his stake in Tesla over a decade from 15% to around 25% if he hits ambitious goals.